flipper

Reduced to $263,900 today. It's dropping closer to my prediction of a <$200,000 sales price.

flipper

my guess = 7 minutes from Hillcroft @ Willowbend to S.Post Oak

4 minutes from Willowbend @ S.Post Oak to Willowbend @ Main

12 minutes from Willowbend @ Main to Main @ University Blvd

flipper

It depends what time (6:30,7:00,7:30,7:45,8:00) and it depends which section of westbury. It stretches all the way from S.Post oak to west of Hillcroft.

flipper

I've eaten at the one in dt Austin several times. Did they open any in Houston?

flipper

Hmmm...

Hot and Cold water.

We are going to look into this for future projects.

flipper

I think the Panamera looks good. Atleast as good as the X6:

I was behind one if my favorite cars of all time the other day: The GNX!

flipper

A couple of pictures of Westbury Square from yesterday:

flipper

flipper what was the exterior siding???looks like plywood with battens?? My house has the same siding of plywood, but I think they are mimicking whatever was there originally. Just never sure what they were trying to achieve.

To me the house doesnt look that bad..I mean its just wood, concrete and sheetrock.

I would hate to hear what others thought of my house when I bought it. Well guess I already have on another thread

I think it was 1x16 cedar with battens. The outside was decent. The inside would be decent if you removed everything and started from scratch.

flipper

I didn't have the guts to feel what that "tub surround" was made of. The tub had several cracks. It's a terrible design IMO.

I just noticed that I'm in this picture:

flipper

Does that rule have any effect on what new construction could go there? Limits on cost of house, construction standards (raised above grade, etc.) or anything like that?

I believe the elevation of the house and how it relates to the elevation of adjacent properties is all that matters for new construction.

flipper

Another point about this house, and other houses in the 100 year flood plain...

When you get a building permit down at the code enforcement office, they pull up the flood maps and see if the project is in the flood plain. They will not let you spend more than "X" on a project that is in the flood plain. I believe "X" is 1/2 the value of the existing structure. I'm only 50% sure on that value though. Even if the rule was that you can't spend more than 100% of the value of the existing structure, this house was doomed.

It was very nasty inside.

flipper

The rest of the pics:

flipper

Not to completely derail, but is JTB the 'only' demo company in town? They just knocked one down across the street from me a couple of days ago and I was thinking about how every house I see go here (in Bellaire) always has the JTB sign in the yard.

No, they are not the only one. They are competitively priced and get the job done quick though. Maybe they get so much business because of those signs

flipper

I got some pics. I got there as the guy from JTB (the company hired to tear down the house) was unloading the "wrecking ball" so to speak. I'll get the pics up within a couple days.

flipper

PS. If anyone gets upset at the builder for the destruction of this house, redirect it to the previous homeowners who neglected the crap out of this place and turned it into a "tear-down". It was destructed long before JTB showed up.

I'm headed over that way in a few minutes. I'll see if I can atleast get some pics of the outside.

flipper

It's back! New MLS number, refreshed days on market, same price.

I think the picture of the front door is new though. Complete with artsy lens flare!

flipper

Flipper,

Would that make it a very attractive teardown? Or is the location going to pretty much limit it to someone who wants to live in that house?

I'm a pretty conservative guy so I will never be tempted to buy a house in a questionable location just because the price is low. I'm continually amazed by builders and investors that will snap up cheap land in bad locations though. That new house on the corner of BW8 & "?" in Memorial Bend comes to mind.

There will always be people willing to build their own house or live in the existing house on a busy street. It just takes time, and a low enough price.

flipper

Wow, that would be very low, for Meyerland prices. Sounds like the way it is headed, though. I would think because of flood issues, Dan, and the times.

I say it mainly because of the location. It's on a busy street. The flooding sure doesn't help though. Meyerland is still strong, save for the glut of new construction currently active.

flipper

The never ending saga...

This house went under contract yesterday and back to active today.

flipper

ps. I predict this house will sell for less than 200k eventually.

Great thread, and a great example of why I heart HAIF.

I've always been fascinated by Shadyside.

flipper

how do they get the cars on the roof like that?

leverage. and magic.

flipper

From what I've heard, it needs to be a cash sale. The banks don't want to finance it. There are several interested buyers, but no one can get the loans.

Jason

There is probably something to that. I wouldn't loan money on it, and I'm not as conservative as my bank!

flipper

It's back with a fresh MLS number and listing agent!

http://search.har.com/engine/dispSearch.cf...mp;backButton=Y

flipper

Go forum, it's ya burfday!

flipper

Woo Hoo! I worked at baybrook from '97-'01!!!!!1

flipper